Ecuador separates the two things a person can do with crypto, and answers them in opposite directions. Buying and selling it is not forbidden: the Banco Central del Ecuador stated on 24 January 2018 that the purchase and sale of cryptocurrencies such as bitcoin over the internet is not prohibited, while stressing that bitcoin is not legal tender and is not authorised as a means of payment for goods and services under article 94 of the Codigo Organico Monetario y Financiero.
The contract itself does not change by geography: a SPX perpetual settles in USDC everywhere.
2 venues open SPX6900 perps to traders in Ecuador.
Aster
HyperliquidFour steps from sign-up to an open position.
Capital gains from the transfer of equity rights are taxed at a 10% income tax rate in Ecuador.
Trading SPX from Ecuador: regulated.
Regulator for SPX6900 trading in Ecuador: Banco Central del Ecuador (BCE) and Junta de Política y Regulación Financiera y Monetaria (JPRFM).
For Ecuador residents trading SPX6900: Capital gains from the transfer of equity rights are taxed at a 10% income tax rate in Ecuador.
For SPX6900 traders in Ecuador: Bit2Me may request additional identification documents from users in Ecuador during account operations to comply with local legislation.
4 platforms serve Ecuador for SPX6900 trading, among them Aster, GMX and Hyperliquid.